“I don’t think we’ve seen any longer-term geopolitical implications that would lead to a change to, for example, multinational strategies toward acquisition,” he says.
The comments come after Baker McKenzie’s Cross-Border M&A Index slipped to 218 in the first quarter of 2017, down 17 per cent on Q4 2016 and 9 per cent year on year.
The study showed 1,238 cross-border deals worth $US331.2 billion occurred over the three-month period, a fall of 18 per cent in volume on the previous corresponding period.
Listen to the podcast above to find out more. We also speak to Mitsubishi UFJ Morgan Stanley Securities Executive Director Jonathan Wallace and Global Head of M&A and Financial Sponsors Research at Dealogic Chunshek Chan.
Leon Gettler is a veteran management journalist